The EGX30 rose 0.8% at today’s close on turnover of EGP 5.8 bn (7.0% above the 90-day average). Regional investors were the sole net sellers. The index is up 39.3% YTD. In the green: Misr Cement (+4.8%), Ibnsina Pharma (+3.3%), and Abu Qir Fertilizers (+2.5%). In the red: Raya Holding (-3.0%), Qalaa Holdings (-2.9%), and […]
Author Archives: enterpriseam admin
Meet Marina Abdel Shahid: founder and creative director of Nebet
Nebet is an Egyptian fashion brand inspired by and rooted in Ancient Egyptian history and heritage
?️ DECEMBER 6 December - 15 February (Saturday-Sunday): Cairo Prints at Cairopolitan in Garden City. 12 December - 15 January (Friday-Thursday): Cairo Art Fair at TAM Gallery, Abu Rawwash. 21-31 December (Sunday-Wednesday): The Stadium at District 5. 25 December (Thursday): Tul8te at El Arena, El Malahy. 25-26 December (Thursday-Friday): Umm Kulthum Musical at The Theater, […]
The Pharaohs’ Afcon campaign begins
PLUS: The EGX could extend trading by one hour
Christmas is just the beginning. At Somabay, the celebrations unfold day by day, night by night, building all the way into the New Year. From rooftop takeovers and beach parties to late-night performances and full-band shows, the season is curated to let you choose your moment and celebrate it your way — right through the […]
With cooling inflation, the odds of an interest rate cut are looking up
12 out of the 14 participants we surveyed expect rate cut on Thursday
The corporate “solidarity contribution” will be calculated on net income, not revenues
The new system will replace the current 0.025% charge on revenues
Deal with Israel or not, gas import rights are sticking around until 2030
The retention of the FSRUs also revives the practical application of Egypt's regional energy hub ambitions
Acwa Power Egypt Country Director Hassan Amin on why desalination is about a whole lot more than addressing water scarcity
We are the largest producer of desalinated water in the world and would like to transfer our expertise to Egypt
Microsoft taps former government lead Mohamed Kassem as GM
Kassem’s appointment signals that government-led digital transformation is central to Microsoft’s growth strategy in Egypt